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Sunday, 15 March 20
CAPTIVE COAL OUTPUT RISES 19% IN APRIL-FEBRUARY - FINANCIAL EXPRESS
Coal production from captive mines in the first eleven months of the ongoing fiscal have increased by 18.8% year-on-year (y-o-y) to 51.7 million tonne (MT) from the corresponding period in FY19. However, about 53% of the output came from coal blocks which were not cancelled by the Supreme Court in its September 2014 order.
The apex court had then cancelled 204 out of 218 captive coal block licences, saying that these had been allocated in an illegal and arbitrary manner. After the Supreme Court ruling, 36 coal mines has been auctioned so far. The Rajya Sabha on Thursday passed The Mineral Laws (Amendment) Bill, 2020, which removes end-use restrictions in coal blocks to be put up for auctions, essentially ending the practice of captive mining and allowing coal mine developers to sell the fuel to consumers in the open market.
The union government in January had issued the ordinance for the same, along with amendments to the MMDR Act 1957 and the CMSP Act 2015 have also been amended to allocate coal blocks for composite prospecting licence-cum-mining lease to make it more attractive for commercial mining.
The new edicts will come into force after the President’s assent and is seen to to put an end to the long-held monopoly of public-sector behemoth Coal India (CIL).
Production by CIL declined 1.9% annually to 517.8 million tonne (MT) in the first eleven months of FY20, mainly due to excessive rains hampering mining operations during the monsoons earlier this year. Law and order issues in some major mines and several employee union strikes after the Cabinet’s February 2019 decision to ease mining norms for private companies also hampered the world’s largest miner’s production.
The drop in CIL production in the fiscal would have been much lower had it not recorded a 14.2% annual rise in its February output. The coal production scenario has improved at least from the November, 2019 levels, when CIL output was lower by 7.8% year-on-year (y-o-y).
Source: Financial Express
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Saturday, 28 March 20
ASIA'S COAL MARKETS DIVERGE ON QUALITY LINES AS CORONAVIRUS HITS INDIA - REUTERS
Asia’s seaborne coal market is increasingly diverging between higher-quality Australian coal, where prices are holding up despite the economi ...
Friday, 27 March 20
CHINA'S BULKS: THE SENTIMENT GAP BETWEEN STEEL AND COAL WIDENS - WOOD MACKENZIE
China seems to be containing its local coronavirus situation, with imported cases now posing the greater threat. While quarantine measures remain t ...
Friday, 27 March 20
S.KOREA Q1 THERMAL COAL IMPORTS SET FOR 10-YR LOW ON ANTI-POLLUTION MEASURES - REUTERS
South Korea’s first-quarter thermal coal imports are set to fall to a decade-low due to stricter air pollution measures, while the coronaviru ...
Friday, 27 March 20
PORT OF NEWCASTLE OPERATIONS CONTINUE WITH COVID-19 RESPONSE MEASURES IN PLACE
Port of Newcastle, like many organisations, is taking a precautionary approach to help manage COVID-19 risks in the community. Our focus is on ensu ...
Thursday, 26 March 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
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- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Australian Coal Association
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Economic Council, Georgia
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
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